Company/Division name | Texas Institute for Electronics |
Parent company | Next-Generation Microelectronics Manufacturing (NG |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2029 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1400 |
City reshored to: | Austin |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductors |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies, Intellectual property risk |
Government Incentive dollar amount: | $840 million (DARPA) + $552 million (Texas) |